FORECAST OF EXCHANGE RATE DETERMINANTS IN NIGERIA



This research project material is available: FORECAST OF EXCHANGE RATE DETERMINANTS IN NIGERIA



Download Complete Research Project Material on FORECAST OF EXCHANGE RATE DETERMINANTS IN NIGERIA



Project Category:
Type: Project Topics | Project Topics and Materials | List of Project Topics | Research Project Materials | Journals | Thesis | Articles | Online Project Materials | Business Plan | Final year project topic| Format: Ms Word| Attribute: Documentation Only| Pages: 75 Pages| Chapters: Complete Research work from Chapter 1 to 5; All chapters | Price: ₦ 5,000.00



Call or whatsapp: +2347063298784 or email: allprojectmaterials.com

Download Post (MsWord)


Download Post (PDF)


Download complete Chapters



FORECAST OF EXCHANGE RATE DETERMINANTS IN NIGERIA



ABSTRACT

It has been noted that the Nigeria economy has gone through series of transformation since independence.  Her exchange rate determination has taken various shapes from administratively deformed rate to a market determined rate.  These have also be associated with deficient problems.  As a result of these problems, the government through the help of the CBN (Central Bank of Nigeria) tries to regulate the exchange rate system.  The adoption of Structural Adjustment Programme (SAP), where main element was Second-tier Foreign Exchange Market.
The hypotheses of this study indicate that there is a significant positive relationship between Exchange Rate, Interest Rate, External Reserve and Inflation and there is a negative relationship between exchange rate, Gross Domestic Product and Balance of Payment.  To validate this hypothesis data gotten from secondary sources were estimated and analyzed among the Ordinary Least Square Method (OLS) and Cochrane-Orcutt Method.  The independent variables used were balance of payment, Gross Domestic Product, Interest Rate, External Reserve and Inflation, while the dependable variable was exchange rate.  There was also a drive towards forecasting exchange rate.
The empirical analysis showed that about 87% of the mean value of the exchange rate is explained by the explanatory variables.  This shows that the estimated model regression line is a good fit and the result of the null hypothesis for the forecast was less than the figure of the “t” take, which means it forecast well.

Citation - Reference

All Project Materials Inc. (2020). FORECAST OF EXCHANGE RATE DETERMINANTS IN NIGERIA . Available at: https://researchcub.info/department/paper-5277.html. [Accessed: ].

FORECAST OF EXCHANGE RATE DETERMINANTS IN NIGERIA


Delivery Assurance: This Project material is delivered within 15-30 Minutes. Click below to download complete material.


Download Complete Project Material

Call: +2347063298784

Hire a Writer

Department

Search Word Tags:


A Review on forecast of exchange rate determinants in nigeria , rate, exchange, forecast, research journals and thesis, researchcub.info, mathematics and statistics education project topics.
It has been noted that the Nigeria economy has gone through series of transformation since independence. Her exchange rate determination has taken various shapes from administratively deformed rate to a market determined rate. These have also be associated with deficient problems. As a result of these problems, the government through the help of the CBN (Central Bank of Nigeria) tries to regulate the exchange rate system. The adoption of Structural Adjustment Programme (SAP), where main element was Second-tier Foreign Exchange Market... Click here for more

FORECAST OF EXCHANGE RATE DETERMINANTS IN NIGERIA - Research Journals and Thesis - Researchcub.info

Project Topics and Materials - researchcub.info